1, DRUMMOND WAY, SHILDON, DL4 2GB - £117,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 DRUMMOND WAY is a small terraced house of 90m², which could now be worth an estimated £157,369. It was last sold for £117,500 in September 2019, which was around 42% above the average September 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

1 DRUMMOND WAY Sold Prices

Land registry data shows three sales for 1 DRUMMOND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 1 DRUMMOND WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 SEP	£117,500	£82,589	42% above HPI
2019 19 SEP	£125,000	£82,589	51% above HPI
2014 29 AUG	£149,950	£78,964	90% above HPI

1 DRUMMOND WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The three 1 DRUMMOND WAY sales between August 2014 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2019 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 1 DRUMMOND WAY be worth now?

1 DRUMMOND WAY might now be worth an estimated £157,369.

This is based on house price inflation of 33.9%, between September 2019 and June 2025, for terraced houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.9% inflationary increase is applied to the most recent sale price for 1 DRUMMOND WAY of £117,500 on 24th September 2019. For the value to have increased from £117,500 to £157,369 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 1 DRUMMOND WAY has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2019 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DRUMMOND WAY has not materially changed since September 2019.

How Large is 1 DRUMMOND WAY?

1 DRUMMOND WAY is 90m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of terraced houses houses in Shildon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shildon, and where 1 DRUMMOND WAY lies on this distribution: 22% of terraced houses houses are smaller than 1 DRUMMOND WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Shildon.

1 DRUMMOND WAY: Plot and Title Map

1 DRUMMOND WAY sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 1 DRUMMOND WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 DRUMMOND WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 DRUMMOND WAY?

1 DRUMMOND WAY is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 1 on DRUMMOND WAY.